Standard 12. Explain effects of the events of the 1920s and the Great Depression on different socioeconomic groups.
Examples: effects of 1920s—increase in availability of electricity and employment opportunities, increase in wages and product consumption, overproduction of goods, stock market crash;
effects of Great Depression—overcropping of land, unemployment, poverty, establishment of new federal programs
• Describing effects of supply and demand on the economy
Standard 12. Explain effects of the events of the 1920s and the Great Depression on different socioeconomic groups.
Examples: effects of 1920s—increase in availability of electricity and employment opportunities, increase in wages and product consumption, overproduction of goods, stock market crash;effects of Great Depression—overcropping of land, unemployment, poverty, establishment of new federal programs
• Describing effects of supply and demand on the economy